IPA BROKERS SALE OF 344-UNIT MULTIFAMILY PROPERTY IN SAN ANTONIO

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SAN ANTONIO — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of Coppermill Apartments, a 344-unit multifamily property in San Antonio. Located at 5827 Northwest Loop 410, the complex was built in 1980 and features one- and two-bedroom units in four floor plans. Community amenities include two swimming pools, picnic and barbecue areas and tennis and basketball courts. Will Balthrope and Scott Lamontagne of IPA and Moses Siller of Marcus & Millichap represented the seller, a private entity based in the Northeast. The buyer is a Las Vegas-based acquisition firm.

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